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August 12, 2026
US CONSUMER PRICE INDEX, JULY 2026

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 3.4% year-over-year in July 2026, down from the 3.5% year-over-year pace in June 2026.

Compared to July 2025, the US energy price index was up 14.7%. The gasoline price index was up 24.6% year-over-year. The food index rose 3.0% and the shelter index was up 3.2% year-over-year.

The US CPI excluding food and energy rose 2.5% compared to July 2025. 

Please note that October 2025 CPI was not published due to the US government shut down.

CPI figures for Canada and Nova Scotia will be released on August 18, 2026.

Sources: Statistics Canada. Table 18-10-0004-01  Consumer Price Index, monthly, not seasonally adjusted; U.S. Bureau of Labour Statistics retrieved from the Federal Reserve Bank of St. Louis


Orange ClockFor More Information

Barbara Ruszel
Economist
Tel: 902-424-1848
Email: Basia.Ruszel-Lichodzijewska@novascotia.ca